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Kalibrate

Coverage of Kalibrate in the Nexus archive.

Earliest in view: Jun 23 · 13:40 UTCMost recent: Jul 6 · 19:23 UTC
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  • BUSINESSJul 6 · 19:23 UTCBATON ROUGE BUSINESS REPORT
    Why lower oil prices no longer guarantee cheaper gasoline at the pump

    Oil prices have dropped near pre-crisis levels, but gasoline prices remain high. Experts attribute this to increased profit margins, price volatility, and pricing software. President Donald Trump and former President Joe Biden criticized retailers for price gouging.

  • BUSINESSJul 3 · 12:00 UTCCALMATTERS
    Gas prices are high for July 4. California’s price-gouging fixes are still on the shelf

    Gas prices in California remain above the national average, with Chevron stations charging significantly more than unbranded stations. A state investigation highlights a price gap between branded and unbranded retailers, while a federal lawsuit accuses Kalibrate and major retailers of using algorithms to maintain high prices. The debate over market practices continues as the state reviews its gas-price oversight laws.

  • BUSINESSJun 24 · 20:19 UTCWDIV CLICKONDETROIT
    AI is helping gas stations collude to raise California fuel prices, lawsuit says

    A federal lawsuit alleges that AI-powered fuel-pricing software called Kalibrate enabled gas station operators in California to collude and raise prices illegally. The lawsuit names Marathon and Circle K as defendants, accusing Kalibrate of facilitating cartel-like behavior through algorithms that coordinate high prices and discourage competitive pricing.

  • BUSINESSJun 24 · 20:19 UTCWPLG LOCAL 10 MIAMI
    AI is helping gas stations collude to raise California fuel prices, lawsuit says

    A federal lawsuit alleges that AI-powered software called Kalibrate has enabled gas station operators in California to collude and raise fuel prices illegally. The lawsuit names Marathon, Circle K, and Kalibrate, claiming the software coordinates high prices and discourages competitive pricing, violating antitrust laws.

  • BUSINESSJun 23 · 20:12 UTCCOURTHOUSE NEWS
    Californians sue over AI-based price fixing at gas pump

    Three Californians filed a class-action lawsuit against Knowledge Support Systems, Inc. (Kalibrate) and gasoline retailers, alleging an AI-based pricing system facilitates illegal price-fixing, driving up gas prices. Plaintiffs claim Kalibrate's algorithm coordinates prices among retailers, reducing competition and increasing profits.

  • BUSINESSJun 23 · 13:40 UTCQUARTZ
    California drivers sue BP, Marathon, and Walmart over AI gas price-fixing

    California drivers have filed a proposed class action lawsuit against BP, Marathon, and Walmart, alleging the companies used an AI tool from Kalibrate to coordinate gas prices at over 1,700 stations in the state. The lawsuit claims the AI system facilitated price-fixing among the defendants.